Venezuelan governor passes away

The governor of the Central Bank of Venezuela, Gaston Parra Luzardo, died in hospital over the weekend. He was 75.

Parra was nominated by Hugo Chavez, the country's president, to become governor in January 2005 for a seven-year term. Before becoming governor he had served as vice-president of the central bank. He trained as an economist and was a former head of state-owned oil company Petroleos de Venezuela SA (PDVSA).

Jose Manuel Ferrer Nava, the central bank's first vice president, will take

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